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Version status: Inserted | Document consolidation status: Updated to reflect all known changes
Version date: 9 July 2024 - onwards
Version 2 of 2

Article 48k Regulatory and financial information on third-country branches and on the head undertaking

1. Member States shall require third-country branches to periodically report to their competent authorities information on:

(a) the assets and liabilities held on their books in accordance with Article 48h and the assets and liabilities originated by the third-country branches, with a breakdown that singles out:

(i) the largest recorded assets and liabilities classified by sector and counterparty type, including, in particular, financial sector exposures;

(ii) significant exposure and funding source concentrations to specified types of counterparties;

(iii) significant internal transactions with the head undertaking and with members of the head undertaking's group;

(b) the third-country branches' compliance with the requirements that apply to them under this Directive;

(c) on an ad hoc basis, the deposit protection arrangements available to depositors in the third-country branches in accordance with Article 15(2) and (3) of Directive 2014/49/EU of the European Parliament and of the Council [Directive 2014/49/EU of the European Parliament and of the Council of 16 April 2014 on deposit guarantee schemes (OJ L 173, 12.6.2014, p. 149).];